Bullion in calmer waters as US Federal Reserve responds to inflation threat


Gold prices steadied on Wednesday with concerns over high inflation offsetting expectations of an aggressive interest rate hike by the U.S. Federal Reserve, while markets also awaited the minutes from the central bank's last policy meeting.

Spot gold was little changed at $1,924.65 per ounce by 10:49 a.m. EDT (1449 GMT), and...